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Finance officials for the city decided to be the first municipal issuer to use the distributed ledger technology for a $10 million deal, banking on cost savings, better liquidity and more access for retail investors to their bonds. Mayor Tom Koch, CFO Eric Mason and Strategic Asset Manager Rick Coscia say it should be the first of many deals for the industry.
June 25 -
Total volume currently stands at $224.13 billion, up 38.5% from $161.848 billion at this time last year. As the end of the first half approaches, several firms are revisiting their supply projections for the year, given the growth so far this year.
June 25 -
A pair of infrastructure experts are proposing a $25 billion federal appropriation to create state bond banks across the country.
June 25 -
In a one-day special session, lawmakers passed a bill expanding an economic development bond program to finance venues for the Kansas City Chiefs and Royals.
June 25 -
With the "pretty good run" month-to-date, it would not be unexpected to see "the market take a breather, and with a large calendar this coming week, it may again move sideways," said AllianceBernstein strategists in a weekly report.
June 24 -
A 2023 U.S. Appeals Court ruling derailed federal approvals for the Uinta Basin Railway, which plans to seek up to $2 billion in private-activity bonds.
June 24 -
The agreement includes plans for a bill creating a constitutional amendment to allow the state to set aside greater sums in reserves.
June 24 -
With a tax battle looming, the chair of the powerful committee will guide tax policy.
June 24 -
Broker-dealer Millennium will provide clients with real-time pricing and trade execution capabilities by connecting directly to the Investortools Dealer Network, or IDN.
June 24 -
The low-investment-grade offering for a high-profile public private partnership stood out in a crowded airport sector.
June 24